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Graham Law's Impact on Moscow's Allies
The U.S. Congress has passed a new law that intensifies economic pressure on Russia, granting President Donald Trump the authority to impose tariffs of up to 100% on oil and gas imports from countries that continue to buy Russian oil, such as China and India. The goal is to reduce Russia's financial sources for the war in Ukraine. This law primarily targets Russia's energy and defense sectors and aims to weaken Moscow's ability to fund military operations. It also expands sanctions to include companies and entities that support the Russian military. The broad powers to impose tariffs have sparked a divide between Democrats and Republicans over the extent of expanding sanctions tools. This marks the first move of its kind since Trump's second term.
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